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1w ago| Business

230 accounts of MFS providers frozen for hundi

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.

3w ago| Business

Users failing to get access to Nagad app accounts

The users of mobile financial service provider Nagad today said they failed to get access to their Nagad account through the app.

City Bank launches Islamic DPS savings with bKash

City Bank launched its first-ever Shariah-based savings scheme City Islamic DPS Savings today.

54% garment workers paid through MFS in Feb: Sanem

Around 54 per cent of the garment workers in Bangladesh were paid through mobile financial services in February and the rest through cash, a research finds.

Up to 20% cashback on bKash payment at 10,000 outlets during Ramadan

Leading mobile financial service provider bKash has come up with cashback offers for its customers like the previous years on the occasion of Pahela Baishakh and Eid-ul-Fitr.

NBFIs, govt entities can now also extend mobile financial services

Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.

November 17, 2022
November 17, 2022

230 accounts of MFS providers frozen for hundi

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.

November 5, 2022
November 5, 2022

Users failing to get access to Nagad app accounts

The users of mobile financial service provider Nagad today said they failed to get access to their Nagad account through the app.

October 10, 2022
October 10, 2022

City Bank launches Islamic DPS savings with bKash

City Bank launched its first-ever Shariah-based savings scheme City Islamic DPS Savings today.

September 27, 2022
September 27, 2022

Nagad gets interim licence extension for sixth time

The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.

September 17, 2022
September 17, 2022

Digital payment can be used for CMSME loans: Experts

Accepting of digital payment through the personal retail account could pave the way for the country’s cottage, micro, small and medium enterprises (CMSMEs) to avail loans from banking channels, experts said today.

September 4, 2022
September 4, 2022

Fund transfer among MFS distributors to become easy

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.

August 30, 2022
August 30, 2022

Nagad Finance gets go-ahead to run as NBFI

The Bangladesh Bank today gave go-ahead to Nagad Finance PLC to form a non-bank financial institution (NBFI).

August 14, 2022
August 14, 2022

MFS transactions rise 20% in June

Transactions through mobile financial services rose by 19.89 per cent year-on-year to Tk 94,293 crore in June.

June 23, 2022
June 23, 2022

Nagad offers 30% cashback, discount on Eid shopping

Nagad has come up with 30 per cent cashback or discount for purchase through the mobile financial service under a special campaign called “Utshob-er Khushi, Nagad-a Beshi” for the Eid-ul-Azha.

June 20, 2022
June 20, 2022

Banks, MFS must go the extra mile to serve flood-hit people

The banks, MFS providers and payment service providers will have to find alternative ways to make their payment systems effective in the flood affected districts, including Sylhet, Sunamganj, Moulvibazar, Habiganj, Kishoreganj, Netrokona, Kurigram and Rangpur.